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1991 (10) TMI 260 - SC - VAT and Sales TaxQuantum of the estimate on best judgment challenged Held that:- The apprehension of the petitioner that the High Court left little choice to the Tribunal in the matter of the estimate of the gross and taxable turnovers could be allayed by directing the Tribunal that, in disposing of the matter upon remand, it shall while taking due note of the observation of the High Court in regard to the effect of the non-production before the Tribunal of the books of account which the petitioner had obtained back from the authorities during the proceedings, the Tribunal may however, not be hampered by any other observation which might limit its choice of the basis of assessment and shall dispose of the matter in accordance with law on settled principles guiding assessments as best judgment. With these observations, the special leave petition is disposed of.
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